Posts Tagged ‘sworn account’
What is a suit on a sworn account?
Posted by: David Leon in Business law, Consumer & Credit, Contract law, Litigation and judgments on February 20th, 2009
In Texas, a suit on a sworn account typically involves a business suing a customer who purchased goods and services on a revolving credit account. Typically, this process begins when a customer fails to pay invoices. The aggrieved business will send a demand letter to its customer, with a thirty day notice to pay the invoices. If the customer fails to make arrangements, then the business may file suit on a sworn account. In this action, the business will attach an affidavit to the lawsuit verifying the amount due and owing. The defendant customer then has to file a sworn denial on the account, or face losing the suit. Contact Us if you need help with one of these suits.
Another company owes me for a past due invoice. Can you file suit to collect?
Posted by: David Leon in Business law, Litigation and judgments on February 15th, 2009
This tends to be one fo the more common types of litigation. Essentially, a business will offer good and services on a revolving account basis to another. When those invoices remain unpaid, litigation may be necessary. The typical first step is to assemble all written documents exchnaged between the parties. Next, a demand letter stating that the other party is in breach of the arrangement would be sent, detailing what the other side needs to do in order to rectify the situation. Should the sides fail to reach a settlement, then the side owed money can file a suit in which a representative the company that issued the invoices swear to the truthfulness of the invoices. This is called a “sworn account suit” This forces the other side to have to file a sworn answer stating that they do not owe the invoices. If you have one of these issues, please Contact Us to discuss your issue.
